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WRA Windarra Minerals Ltd.

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Share Name Share Symbol Market Type
Windarra Minerals Ltd. TSXV:WRA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Windarra Minerals Ltd. (WRA.V) Announces Closing of Brokered Private Placement

23/12/2010 7:40pm

Marketwired Canada


NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Windarra Minerals Ltd. (the "Company") (TSX VENTURE:WRA) is pleased to report
that it has closed a previously announced (November 23, 2010) brokered private
placement (the "Offering") with Pollitt & Co. Inc. consisting of 3,044,500
flow-through shares sold at a price of $0.20 per share for gross proceeds of
$608,900 and 2,000,000 non-flow-through shares sold at a price of $0.15 per
share for gross proceeds of $300,000. The shares are subject to restrictions on
resale to April 24, 2011. Pollitt & Co. Inc., as agent, received a cash
commission equal to 6% of the gross proceeds from the sale of the Offering
payable in cash plus the agent's expenses.


Proceeds from the Offering will be applied to a drilling/exploration program on
the Company's Mishi leases located in the Mishibishu area in Ontario, and for
general working capital.


On behalf of the Board of Directors

John Pallot, President

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